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German October prelim HICP inflation 3.0% y/y vs +3.3% expected

Prior was +4.3%HICP m/m -0.2% vs +0.1% expectedPrior m/m HIPC +0.2% CPI 3.8% y/y vs 4.0% expectedCPI 0.0% m/m vs +0.2% expectedPrior m/m +0.3% A softer reading would have been baked in with the regional numbers and the market doesn't seem to care about them as the euro hits highs.The ECB's Kazimir earlier today said bets on rate cuts happening in 1H 2024 are entirely misplaced... we'll see about that. This article was written by Adam Button at www.forexlive.com... Read More

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Content Topics

German

October

Prelim

Hicp

Inflation

Expected

Forex

Posted: Oct 30 2023, 13:00

Author Name: forexlive

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